An Empirical Test of the Redistribution Effect in Pure Exchange Mergers
Merger transactions involve differing degrees of change in capital structure and asset distribution. As a result, different forms of merger could have different effects on security values of the firms involved. Previous empirical studies primarily used samples that included all types of mergers. The...
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| Veröffentlicht in: | Journal of financial and quantitative analysis 1983-12, Vol.18 (4), p.547-572 |
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| container_end_page | 572 |
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| container_issue | 4 |
| container_start_page | 547 |
| container_title | Journal of financial and quantitative analysis |
| container_volume | 18 |
| creator | Eger, Carol Ellen |
| description | Merger transactions involve differing degrees of change in capital structure and asset distribution. As a result, different forms of merger could have different effects on security values of the firms involved. Previous empirical studies primarily used samples that included all types of mergers. The present study examines the effect of one type of merger, pure stock exchange, on the values of the debt and equity of the firms involved. |
| doi_str_mv | 10.2307/2330947 |
| format | Article |
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| ispartof | Journal of financial and quantitative analysis, 1983-12, Vol.18 (4), p.547-572 |
| issn | 0022-1090 1756-6916 |
| language | eng |
| recordid | cdi_proquest_journals_211890037 |
| source | Jstor Complete Legacy; Cambridge University Press Journals Complete; EBSCOhost Business Source Complete |
| subjects | Acquisitions & mergers Bidding Capital structure Changes Common stock Coupon bonds Debt Distribution Financial bonds Proceedings of the 18th Annual Conference of the Western Finance Association, June 15-18, 1983, Long Beach, California Rates of return Selected Papers from the 1983 Annual Conference Shareholders Shareholders equity Statistical analysis Statistical variance Statistics Stock exchanges Stock prices Studies |
| title | An Empirical Test of the Redistribution Effect in Pure Exchange Mergers |
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